철 스크랩 재활용 시장 규모, 점유율, 성장 분석 : 소재 유형별, 원산지별, 최종 용도별, 지역별-업계 예측(2025-2032년)

Global Ferrous Scrap Recycling Market size was valued at USD 158.8 billion in 2023 and is poised to grow from USD 168.49 billion in 2024 to USD 270.58 billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).

The global ferrous scrap recycling market is experiencing robust growth, primarily fueled by escalating steel demand due to industrialization, infrastructure initiatives, and advancements in the automotive and construction sectors. The reliance on recycled scrap is becoming increasingly vital, as it not only decreases dependency on iron ore but also offers up to 60% energy savings and a marked reduction in greenhouse gas emissions. This sustainable practice aligns with global environmental objectives, prompting steel producers to incorporate recycled materials into their manufacturing processes. Concurrently, stringent environmental regulations advocate for waste reduction and sustainable resource management, driving a shift towards circular economy principles. Policies such as carbon taxation and recycling mandates are fostering investment in recycling infrastructure and innovative scrap processing technologies, further enhancing market dynamics.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Ferrous Scrap Recycling market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Ferrous Scrap Recycling Market Segments Analysis

Global Ferrous Scrap Recycling Market is segmented by Material Type, Origin, End Use and region. Based on Material Type, the market is segmented into Heavy Melting Scrap (HMS), Shredded Scrap, Baled Scrap and Cast Iron Scrap. Based on Origin, the market is segmented into Industrial, Automotive, Construction and Demolition. Based on End Use, the market is segmented into Steelmaking, Foundry, Construction and Automotive. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Ferrous Scrap Recycling Market

The global ferrous scrap recycling market is experiencing substantial growth, primarily fueled by an increasing demand for steel across various industries, including construction, automotive, and manufacturing. The shift towards scrap-based steel production, particularly through electric arc furnaces, significantly diminishes reliance on virgin iron ore while also enhancing energy efficiency and reducing carbon emissions. This trend underscores the advantages of utilizing recycled ferrous scrap as a viable, cost-effective, and sustainable raw material option, aligning with the growing emphasis on environmentally friendly practices in steel manufacturing. Such developments are integral to meeting the evolving needs of the market and addressing sustainability goals.

Restraints in the Global Ferrous Scrap Recycling Market

The Global Ferrous Scrap Recycling market faces significant challenges due to fluctuating ferrous scrap prices, which are driven by various factors such as the demand for steel, the costs of raw materials, and the complexities of international trade. These unpredictable price movements can diminish recycling profitability, deter investments in cutting-edge processing technologies, and generate uncertainty among suppliers and manufacturers. Such volatility ultimately hampers the incorporation of ferrous scrap into steel production processes, stifling market growth and hindering the overall potential of the recycling industry. Therefore, addressing these price fluctuations is crucial for fostering a more stable and lucrative market.

Market Trends of the Global Ferrous Scrap Recycling Market

The global ferrous scrap recycling market is experiencing notable momentum as the emphasis on circular economy practices gains traction. This shift towards sustainability fosters a greater commitment to recycling and reusing ferrous metals, significantly reducing waste and conserving resources while mitigating environmental impact. As industries prioritize sustainable production methods, investments in advanced recycling infrastructure are on the rise, enhancing operational efficiencies and promoting cleaner technologies. This trend not only strengthens the market's alignment with broader environmental and sustainability objectives but also empowers businesses to embrace innovation, leading to a more resilient and eco-friendly economic landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Ferrous Scrap Recycling Market Size by Material Type & CAGR (2025-2032)

• Market Overview
• Heavy Melting Scrap (HMS)
• Shredded Scrap
• Baled Scrap
• Cast Iron Scrap

Global Ferrous Scrap Recycling Market Size by Origin & CAGR (2025-2032)

• Market Overview
• Industrial
• Automotive
• Construction
• Demolition

Global Ferrous Scrap Recycling Market Size by End Use & CAGR (2025-2032)

• Market Overview
• Steelmaking
• Foundry
• Construction
• Automotive

Global Ferrous Scrap Recycling Market Size & CAGR (2025-2032)

• North America (Material Type, Origin, End Use)
  • US
  • Canada
• Europe (Material Type, Origin, End Use)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Material Type, Origin, End Use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Material Type, Origin, End Use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Material Type, Origin, End Use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• ArcelorMittal S.A. (Luxembourg)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nucor Corporation (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sims Limited (Australia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• European Metal Recycling (EMR) Limited (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Commercial Metals Company (CMC) (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SA Recycling LLC (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schnitzer Steel Industries, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Steel Dynamics, Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• American Iron & Metal Recycling (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TSR Recycling GmbH & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kuusakoski Oy (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The David J. Joseph Company (DJJ) (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dowa Holdings Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Veolia Environnement S.A. (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Alter Trading Corporation (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tata Steel Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Triple M Metal Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MTC Business Private Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Metal Management Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Upstate Shredding - Weitsman Recycling (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations